£183,646
This estimated value is based upon the latest sale price for the house of £148,500 on 25 Apr 2019. This value is then adjusted by the current Official House Price Index for CORNWALL 1
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| Price Paid | Date |
|---|---|
| £148,500 | 25 Apr 2019 |
| £154,000 | 24 Jul 2007 |
| £94,950 | 24 Oct 2003 |
| £48,500 | 17 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 sq feet |
This model uses changes in the Official Land Registry House Price Index for CORNWALL to estimate the market value.
When this house was purchased in April 2019 the House Price Index for CORNWALL was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £148,500 results in an estimated price of approximately £183,646.
| 25 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £148,500 | £35,146 | £183,646 |
The Postcode Pricing Model uses changes in average sales price within the TR7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 51.403 % | £76,333 | £224,833 |
| 3 Month Average | 55.230 % | £82,016 | £230,516 |
| 6 Month Average | 29.348 % | £43,582 | £192,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £592,577 | £585,000 | 24 VEOR ROAD |
| 18 Jul 2023 | £204,756 | £202,000 | FLAT 8 PENHALLOW COURT WELL WAY |
| 17 Apr 2023 | £409,408 | £405,000 | 96 BONYTHON ROAD |
| 31 Jan 2023 | £181,644 | £182,500 | FLAT 4 PENHALLOW COURT WELL WAY |
| 25 Jan 2023 | £597,187 | £600,000 | 9 WELL WAY |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 28 Jun 2011. Using an estimated price of £183,647 means this house is valued at £4,588 per sq meter (£426 per sq foot).
The average size of a house on WELL WAY is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near A3058 | |
| Apr 2024 | Anti-social behaviour | On or near A3058 | |
| Apr 2024 | Public order | Awaiting court outcome | On or near A3058 |
| Feb 2024 | Anti-social behaviour | On or near A3058 | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A3058 |